Many people buy stressed properties in cash or using hard money loans at HIGHER rates than that.

Mexican interest rates are high.

We are now upon April 2024, and at the rate things have been going, still have a ways to go (finish ducting for forced hot air, insulation, sheet rock, paint, flooring, kitchens, bathrooms, finishes, and anything I am missing to bring the units to whole).

In an era where economic indicators such as interest rates seem to sway with the wind, the real estate market remains a beacon for savvy investors looking for stable and lucrative opportunities.

I’m happy to use any resource with better rates to finance our properties.

At the last meeting they are still expecting 3 rate cuts this year.

We try to advise investors not to purchase in over densified projects, there are some developers just trying to maximize profits for them and developing projects that in my point of view are not the best for the long term, it creates what I call nightly rates cannibalisim between owners lowering ROI, it also doesnt work on your favor if you ever want to flip it. 

This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a key metric in the short-term rental (STR) industry.

Interest rates for primary residence are typically about 1 percentage point lower than conforming investor loans so if you can buy a new primary residence and rent you current one out you will save a lot of money on interest payments.3.

The deduction is maxed out at a rate determined by the interest income, 30% of the taxable income, and its floor plan financing income.